The assumption that a business will continue to operate into the future is the:

a. periodicity assumption.
b. going concern assumption.
c. monetary unit assumption.
d. economic entity assumption.


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the answer to your question is : c) a government agency or homeowner

due to his line of work, he is most likely employed by a government agency or homeowner due to the other choices not being logical haha.

answerthat 50% of all cases go to trial;

b. Going concern assumption. 


The periodicity assumption assumption states that businesses can divide up their activities and report financial results within certain time period.

The Economic entity assumption assumes that the business activities are to be kept separate from the owners' activities and activities of all other economic entities.

Monetary unit assumption assumes all business activities and transactions can be measured in monetary units.

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